Question: Question 23 of 29 Question 23 of 29 View Policies Current Attempt in Progress Bridgeport Company purchased a machine at a price of $95,600 by

Question 23 of 29 View Policies Current Attempt in Progress Bridgeport Company

Question 23 of 29

Question 23 of 29 View Policies Current Attempt in Progress Bridgeport Company purchased a machine at a price of $95,600 by signing a note payable, which requires a single payment of $139,968 in 4 years. Click here to view factor tables Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to O decimal places e.g. 13%.) Rate of interest eTextbook and Media

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